a) The approximate learning curve rate = % (round your response to the nearest whole number). %3D b) Using an 85% learning curve rate and the above times, the time to complete report number 48 = minutes (round your response to two decimal places).
a) The approximate learning curve rate = % (round your response to the nearest whole number). %3D b) Using an 85% learning curve rate and the above times, the time to complete report number 48 = minutes (round your response to two decimal places).
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Transcribed Image Text:The service times for a new data entry clerk have been measured and sequentially recorded as shown below.
Report
Time (minutes)
Report
Time (minutes)
1
66
45
2
56
7
44
3
53
8
41
4
48
5
47
The doubling rate based on the given information are:
(Round all numerical responses in table below to one decimal place.)
Doubling Period
1 to 2
Learning Rate (%)
2 to 4
3 to 6
4 to 8
a) The approximate learning curve rate = % (round your response to the nearest whole number).
b) Using an 85% learning curve rate and the above times, the time to complete report number 48 =
minutes (round your response to two decimal places).
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